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Stepn x Adidas Genesis Sneakers: A New Era in Fitness

The Stepn x Adidas Genesis Sneakers Collection: A Revolutionary Partnership The fusion of the digital and physical worlds is more than a trend; it is a burgeoning reality. The recent collaboration between Stepn and Adidas exemplifies this transformative shift. With the launch of the Genesis Sneakers collection, both companies are poised to redefine the boundaries of fitness, fashion, and technology in lifestyle rewards. This partnership is not only groundbreaking but also sets the stage for future innovations in the ever-evolving landscape of fitness applications and digital assets. A New Era of Phygital Experiences Stepn, a pioneering move-to-earn FitTech app, has taken a bold leap by teaming up with a global powerhouse like Adidas. This collaboration signifies a pivotal moment in the fitness and lifestyle sector, as highlighted by Stepn CEO Shiti Manghani: Phygital Partnership : The merging of physical and digital assets marks a new direction for lifestyle rewards. Enhanced...
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Produced by Daniel Aharonoff & Mogul Media AI

Polygon Co-founder Jaynti Kanani Steps Back from Day-to-Day Operations: What Does This Mean for the Network?

Co-founder of Ethereum Layer 2 Polygon, Jaynti Kanani, Steps Back from Day-to-Day Operations

In a recent announcement, Jaynti Kanani, co-founder of Polygon, revealed his decision to step back from the day-to-day operations of the network. Kanani, who co-founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun, shared his plans in a post on X (formerly known as Twitter) on Wednesday. While he will no longer be involved in the daily grind, Kanani expressed his commitment to continue contributing to and supporting Polygon from the sidelines.

Sandeep Nailwal, another co-founder of Polygon, responded to Kanani's post with mixed emotions, acknowledging the value of their partnership and expressing a desire for a longer journey together. However, Nailwal also recognized the importance of individuals pursuing new adventures and personal growth.

Polygon Labs, the company behind the network, experienced a shakeup in its executive team back in July. Chief Legal Officer Marc Boiron was promoted to CEO, while President Ryan Wyatt transitioned into an advisory role. These changes reflect the company's commitment to strategic leadership and innovation.

Despite Kanani's departure, the news has had no immediate impact on the native token of the Polygon network, MATIC. The token has remained stable in the $0.55 to $0.58 range since the beginning of the month and currently holds a price of $0.58, reflecting a 3.5% increase in the last 24 hours.

When contacted by CoinDesk, Polygon declined to provide any comments regarding Kanani's departure.

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